EUR crosses getting hammered amid big flows in early European trade


EUR/JPY and EUR/GBP are leading the way today, following on from big EUR/AUD sales yesterday which…

Levels to watch for in early European trade


EUR/USD: Sovereign buyers have been expected below 1.2970, but no confirmation yet. USD/JPY: Next…

AUD/USD: Importers forced to sell on break below .9100


Whilst much of the selling has undoubtedly been speculator-driven, one of the local banks just…

AUD/NZD: Worth watching closely as next big AUD sell-off could be initiated from this cross


The AUD/USD is totally friendless at the moment and is trading at trend lows near .9080. The AUD is…

USD/JPY: Quiet consolidation a bullish sign


Asia has been quiet in USD/JPY over the last few sessions and we've seen the same again today,…

AUD/USD: Looking oversold again and most recent selling is speculator driven


Compared to the rest of the globe, the fundamental picture in Australia is relatively sound. We've…

AUD/USD: Looks like RBA want to take advantage of current momentum


The RBA is one of the more savvy central banks, keeping a close eye and ear on market movements and…

AUD lower after Stevens comments


RBA Governor Stevens was reported on Bloomberg as saying that they were very close to lowering…

Cable outlook: Support holding, but barely


Neckline of double-bottom at 1.5150 was breached but only marginally so (see chart). Lack of any…

EUR/USD: Sovereign bids reported nearby


This level near 1.2970 is where the Sovereign bids have been reported in recent days. Selling…

USD/JPY outlook: Break back above 100.00 has bulls in control again


Technical close back above 100.00 argues for a full retracement to 103.75. Mild risk-off sentiment…

AUD/USD outlook: Wednesday July 3rd


Monday's lows at .9110 offer the first level of support with resistance now starting at the…

EUR/JPY: Tick. 131.30 next stop


There goes the first of the resistance levels, with EUR/JPY Fibo resistance at 130.45 getting taken…

Levels to watch in early European trade


USD/JPY: Technical resistance 99.90/100. EUR/JPY: Technical resistance 130.45. Cable: Technical…

AUD/USD: Best left alone, wait for silly spikes either way


Pretty much as expected from the RBA and the AUD/USD is also doing as expected, edging lower…

What to expect after RBA decision


AUD/USD is currently trading near .9220 and the RBA is expected to leave rates on hold whilst…

Cable: Another downside try likely in early European trade


There is important technical support in the cable at 1.5155 (double-bottom neckline) and 1.5180…

Indecision returns to the AUD


Plenty of opposing views surfacing this morning on the AUD with ANZ suggesting that we get a…